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Coinbase has announced its plans to offer 24/7 trading of Bitcoin and Ethereum futures through its CFTC-regulated platform within weeks. This groundbreaking move will align U.S. futures markets with the non-stop nature of cryptocurrency. Traditional futures have constrained traders by operating within limited hours significantly hindering their ability to engage with real-time market movements.
The update will bridge the gap between Coinbase and offshore exchanges which have long enjoyed the benefits of continuous trading. Unlike competitors such as CME that pause for one hour daily and close over the weekend Coinbase’s new offering will permit uninterrupted trading. This initiative marks the first for any U.S.-regulated exchange and is set to revolutionize participation in crypto futures.
Further innovating the market Coinbase is developing a unique perpetual-style futures contract with long dated expirations. This product aims to offer more flexibility and competitiveness compared to existing offerings from offshore platforms not regulated in the U.S. Coinbase has collaborated closely with the CFTC and industry partners to ensure the product not only meets regulatory standards but also aligns with client expectations.
